Birdwatch Note Rating
2024-08-16 20:02:12 UTC - SOMEWHAT_HELPFUL
Rated by Participant: F07F48083A26E7920CF8CDBB1E25AD853CA8E3F1BDD8589A9E905FCA0C498653
Participant Details
Original Note:
The US federal government does not print money to finance deficit spending. Deficits in the US budget are filled by borrowing money by selling Treasuries, bonds, and other securities. https://fiscaldata.treasury.gov/americas-finance-guide/national-deficit/#:~:text=To%20pay%20for%20a%20deficit,investors%20who%20purchased%20these%20securities.
All Note Details